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A new (2018) UAN portal allows members to check EPF balances and UAN status, download a UAN EPF passbook, view a provident fund claim, etc. Members who are unable to withdraw PF for any reason can withdraw without the consent of the employer.
Legally, the EPF is only obligated to provide 2.5% dividends (as per Section 27 of the Employees Provident Fund Act 1991). The EPF claims that the lowered dividend is the result of its decision to invest in low-risk fixed revenue instruments, which produce lower returns but maintains the principal value of its members' contributions.
The Public Provident Fund ( PPF) is a savings-cum-tax-saving instrument in India, [1] introduced by the National Savings Institute of the Ministry of Finance in 1968. The scheme's main objective is to mobilize small savings by offering an investment with reasonable returns combined with income tax benefits. [2]
The CPF is an employment-based savings scheme with the help of employers and employees contributing a mandated amount to the fund for their benefits. It is administered by the Central Provident Fund Board, a statutory board operating under the Ministry of Manpower which is responsible for investing contributions.
A U.S. judge reportedly allowed a lawsuit from Exxon Mobil Corporation (NYSE:XOM) against an activist shareholder group that is seeking to bar their climate resolution. The lawsuit raised alarm ...
USNS Cody (T-EPF-14) will be the fourteenth Spearhead-class expeditionary fast transport and will be operated by the United States Navy ' s Military Sealift Command. She will be the first ship in naval service named after Cody, Wyoming , and the first of the Flight II variant designed to have enhanced medical capabilities.
Employees' State Insurance Corporation (ESIC), established by ESI Act, is an autonomous corporation under Ministry of Labour and Employment, Government of India. As it is a legal entity, the corporation can raise loans and take measures for discharging such loans with the prior sanction of the central government and it can acquire both movable ...
Liability insurance helps protect a business's finances when someone brings a lawsuit against it. If anyone sues your business (for various reasons), liability insurance can help you cover the ...